[Glyptodon]

The ACM tried to revise its code of ethics not long ago. The process a bit rough because there are very very different interests and perspectives within the organization, not to mention difference in norms between nations (like China).

They did try, though. They went just far enough that it's almost possible to suggest that one couldn't adhere to the current code and still work for Google, Facebook, or China in any engineering capacity. But I still don't really expect them to start penalizing members, as the ACM seems to see itself a lot more as an academic/research group than professional org.